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Jenny bartels chapter 19 Vocabulary

AB
Networksystem of connnected railroad lines.
consolidateto combine, such as businesses.
Rebatedescount on services or merchandise.
Poolmethod of ending competition used by railroads and other businesses in the late 1800's. railroads divided up business in an area and fixed prices at a highlevel.
vertical integrationmethod of controlling an inductry from raw materials to finished products.
capitalmoney raised for a business venture.
corporationbusiness owned by investors who buy shares of stock.
stockshares in a corporation run by a single board of directors.
dividendpayment to stockholders from a corporation's profits.
trustgroup of corporations run by a single board of directors.
monopolycompany that completely controls the market of a certain industry.
free enterprise systemeconomic system in which businesses are owned by private citizens, not by the government.
assembly linemethod of production in which workers add parts to a product that moves along on a belt. Introduced by Henry Ford in 1913
mass productionmaking large quantities of a product quickly and cheaply.
injunctioncourt order to do or not to do something.


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